COVER STORY

 

1- LEASING AND MODARABA
2- MODARABAS OFFER ATTRACTIVE RETURN
3- LEASING SECTOR REVISITED
4- LEASING COMPANIES TO FACE COMPETITION FROM NEW ENTRANTS
5- ROLE OF LEASING IN ECONOMIC DEVELOPMENT
6- ASKARI LEASING LTD

 

ROLE OF LEASING IN ECONOMIC DEVELOPMENT

 

The dilemma the leasing companies now face is bridging the expanded resource gap

 

By A.B. SHAHID, Managing Director, 
Pak-Gulf Leasing Company Limited

Nov 25 - Dec 01, 2002

 

Experience of the Pacific-rim economies indicates that small and medium-size enterprises play the pivotal role in economic growth and containing poverty. This highlights the importance of financial institutions that support this strategically important sector, and ensure its continued expansion. Leasing is the institutional arrangement that channels resources to this sector to bridge the resource gap, and funds the acquisition of plant and equipment by operators in this sector.